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Travis Breton

travisbreton@gmail.com +1(866) 344-7473

Listed by Mike Marcu, DRE #00919594 • Mike Marcu, Broker

$ 6,500,000

Est. payment | -/mo

0.95 Acres Lot

Save

$ 6,500,000

Est. payment | -/mo

Save

0.95 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26221383

Year Built 2019

Lot Size 0.950 Acres

Source California Regional MLS

Property Description

The Mogharebi Group is pleased to present New Majestic, a distinctive mixed-use investment opportunity located at 876 S D Street in the heart of Perris, California. Built in 2019, this three-story property features 15 spacious apartment homes totaling approximately 20,600 square feet, along with eight ground-floor retail spaces totaling approximately 7,544 square feet, for a combined 28,144 square feet. The residential component consists of four two-bedroom/two-bathroom units and eleven two-bedroom/two-and-a-half-bathroom townhome-style units, with floor plans ranging from approximately 1,085 to 1,400 square feet. Quality construction and desirable amenities include granite countertops, hardwood-style flooring, stainless-steel appliances, washer/dryer hookups, private patios or balconies, and a controlled-access environment. Strategically positioned across from Mercado Park in downtown Perris, New Majestic offers investors the opportunity to acquire a newer-construction asset with diversified income streams from both residential and commercial tenants. The property benefits from proximity to shopping, dining, employment centers, the Perris-Downtown Metrolink Station, and Interstate 215. Individually metered gas and electricity there is a potential additional RUBS income opport

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Central Forced Air

Laundry Washer

Exterior

Parking Features No Parking

Garage Spaces 29.0

Pool None

Building

Story Three or More Stories

Sewer TBD

Water District - Public

Others

Tax ID 313273010

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(866) 344-7473

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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876 S D Perris, CA 92570